Computer Liquidators Key Terms

Learn computer liquidators key terms to maximize business negotiation potential

By Christine Pollock

Whether you are a computer liquidator or plan to perform business transactions with one, knowing computer liquidators key terms gives you an edge in negotiations. It demonstrates to others that you know the ins and outs of the business and shows that you are willing to put in the time and effort to learn and understand the terminology.

Knowing computer liquidators key terms keeps you informed on specific products. It also helps you communicate with other experts in the industry without confusion.

Liquidate

Sometimes parts of companies or full companies such as computer companies end their business dealings. When this happens, they distribute their assets and properties to other companies. In a liquidation process, the company ending its business redistributes inventory to other companies.
Try: Auctionbidmart.com works with liquidated computers and explains the way its gets the equipment that it auctions.

Surplus

This term refers to having more inventory than necessary. Computer liquidators often sell surplus products at discounted prices to move inventory.
Try: AndoverCG.com consults with business about surplus inventory and offers solutions for unloading excess computer inventory. WiseGEEK defines surplus auction, which is a way many computer companies sell their surplus.

Inventory

Inventory is the terminology used to define what's in stock in a particular store.
Try: A-Z Computer Liquidation offers examples of its vast inventory offerings and explains how it comes by its inventory. National Barcode provides a definition of inventory.

Laptop

Computer liquidators frequently sell laptops. These small computers, also called notebook computers, are mobile. A laptop fits on a user's lap, yet includes nearly all the components of a standard desktop.
Try: Fotosearch offers a series of images showing laptops, so you can see what to expect when purchasing a laptop from a liquidator.

Pentium

This term refers to a specific type of processor found in many computers sold by liquidators. Intel Corporation makes this processor, and computer prices increase with higher speed Pentium processors.
Try: Condé Nast Digital offers a detailed look at the history of the Pentium processor. It includes charts explaining the design and function of the Pentium processor.

Personal computer (PC)

The term personal computer (PC) refers to a microcomputer that has its own hard drive, as well as its own processor. Technically this term refers to all computers that meet these requirements, including Mac computers; however, most people use the term PC as a synonym for IBM-compatible microcomputers.
Try: The Blinkenlights Archaeological Institute offers a detailed history and explanation of the personal computer, including descriptions of the personal computer's design.